Some Evidenceon Exchange Rate Determination in Major Industrial Countries /

This paper examines the role of long-run monetary and cyclical factors in determining exchange rate movements. Results of empirical study using a data set that includes Canada, Germany, Japan, the United Kingdom, and the United States support the view that exchange rate movements can be explained by...

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Bibliographic Details
Main Author: Sun, Yan
Other Authors: Johnston, R.
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1997.
Series:IMF Working Papers; Working Paper ; No. 1997/098
Online Access:Full text available on IMF